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"Magento may be installed on shared hosting, a virtual private server, or a dedicated hosting server. The magnitude of your site will determine which hosting package is best for you.\r\n\r\nThe more resources your Magento store needs to load fast for visitors, the larger it becomes. If your site generates a lot of income, shared hosting will most likely be too sluggish and lose your sales. It's typically a good idea to upgrade to a VPS at the very least. From there, keep an eye on page load times, and if they're still too slow, you may easily move to a more expensive dedicated server."
<https://hostadvice.com/magento-hosting/?admin_panel=whm&cpu=8>